Howard Lake, MN Profile: Facts & Data

The City of Howard Lake had a population of 2,105 as of July 1, 2024. Howard Lake ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Howard Lake is located at latitude 45.0608 and longitude -94.0733 in Wright County. The formal boundaries for the City of Howard Lake encompass a land area of 1.88 sq. miles and a water area of 0.28 sq. miles. Wright County is in the Central time zone (GMT -6).

The City of Howard Lake has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Howard Lake, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,105 (100%)
Population in Households	2,065 (98.1%)
Population in Families	1,629 (77.4%)
Population in Group Quarters¹	40 ( 1.9%)
Population Density	1,137
Diversity Index²	22


INCOME
Median Household Income	$78,506
Average Household Income	$93,115
% of Income for Mortgage⁴	28%
Per Capita Income	$38,419
Wealth Index⁵	75
Socioeconomic Status Index⁶	Moderate (55.8)

HOUSING
Total HU (Housing Units)	921 (100%)
Owner Occupied HU	657 (71.3%)
Renter Occupied HU	211 (22.9%)
Vacant Housing Units	53 ( 5.8%)
Median Home Value	$347,283
Average Home Value	$377,664
Housing Affordability Index³	87

HOUSEHOLDS
Total Households	868
Average Household Size	2.38
Family Households	566
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Howard Lake, MN - Peer Comparisons by Rank and Percentile

The table below compares Howard Lake to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.38%	0.39%
Households	0.58%	0.66%
Families		0.52%
Median Household Income		2.17%
Per Capita Income		2.87%
Owner Occupied HU		1.42%

Variable Description	Rank	Percentile
Total Population	# 259	72nd
Population Density	# 225	75th
Median Household Income	# 432	53rd
Housing Affordability Index	# 291	32nd
Per Capita Income	# 572	38th
Diversity Index	# 405	56th

Howard Lake, MN Profile: Facts & Data

Howard Lake, Minnesota - Basic Facts

Howard Lake, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Howard Lake, MN - Peer Comparisons by Rank and Percentile

Howard Lake, MN - Most Popular Things to Do

Use HTL Address Research for a Minnesota Address and get...

Quick & Easy Ways to...

Minnesota Census Data Comparison Tool

Wright County